• Pegs maximum loan at N10b The Central Bank of Nigeria (CBN) yesterday released new lending guidelines for manufacturing and agricultural sectors. The new guidelines also pegged maximum loan access to the sectors at N10 billion. The Monetary Policy Committee (MPC) at its meeting on July 23 and July 24 introduced revised guidelines for Accessing Real Sector Support Facility (RSSDF) through Cash Reserves Requirement (CRR) or Corporate Bonds (CBs). The CBN said that commercial banks would, henceforth, be incentivised to… Read more